2012.05.23 Complaint Transcend v. Simonsen 2012 01 12 Krohne Capital v Simonsen Simonsen was, according to Demasi, Tony Demasi's partner. Simonsen denied this and testified under oath that Demasi was simply leasing a software program to trade derivatives from Simonsen.
That became the center piece of Tony Demasi's argument when he plead guilty to a number of fraud related charges. Demasi claimed that he and Simonsen sold Simonsen's software system to a Chicago hedge fund and that he was entitled to a piece of those profits, estimated to be near 100 million dollars.
Simonsen claimed that Demasi wasn't Simonsen's partner and eventually a judge in Montana ruled in Simonsen's favor.
Please check out my new books, "Prosecutors Gone Wild: The Inside Story of the Trial of Chuck Panici, John Gliottoni, and Louise Marshall" and also, "The Definitive Dossier of PTSD in Whistleblowers"